Datarails has raised $70 million in a Series C funding round led by growth equity investor One Peak. Both new and existing investors, including Vertex Growth, Vintage Investment Partners, Zeev Ventures, Innovation Endeavors, Joey Low, Qumra Capital, and Claltech, took part in the round.
After this funding, Datarails is valued at around $550 million.
Datarails was founded in 2015 by Didi Gurfinkel (CEO), Eyal Cohen (COO), and Oded Har-Tal. The company focuses on upgrading how CFOs and finance teams work by bringing financial and business data together in one place, while still letting teams use Excel, the tool they are most comfortable with.
Datarails calls its platform a FinanceOS. It works like a single operating system for the CFO’s office, covering key areas such as financial planning and analysis (FP&A), cash management, month-end closing, and spend control.
Didi Gurfinkel, co-founder and CEO of Datarails, said the company has transformed from a product-focused business into a platform company. “We sell to companies with up to 1,000 employees. The market was very dormant, everyone relied on Excel. Since the breakthrough of AI three years ago, CFOs realized they needed to act. A previously dormant market has become highly active,” he said.
“Our platform consolidates unified data and allows CFOs to deploy AI-driven applications,” Gurfinkel continued. “As long as companies have organized data from all systems, they can benefit from every new AI capability. We’ve created a new category: a financial operating system, a new infrastructure for the financial world.”
Gurfinkel estimates the company will reach about $100 million in revenue in the second half of the year. “We’re growing rapidly and plan to maintain this trajectory. Most of our activity is in the U.S., with limited operations in Europe, where we plan to expand using the new funding,” he said.
He added, “We aim to deliver significant productivity with our current team. We already have four revenue-generating products and will continue growing our staff across departments to support our expansion.”
Most finance professionals spend many hours every day working in Excel, but important financial tasks are often spread across different systems. This makes data consolidation slow and manual, creating extra work for finance teams.
Datarails solves this by adding AI directly into Excel-based workflows. This allows CFOs and finance teams to quickly get valuable insights, create forecasts, and prepare reports for leadership and boards—without having to leave Excel.
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